Padma Bank

3- things you need to start doing right now-

• Stop being a tenant, dream of becoming an apartment owner
• Add more bricks on your existing home
• Be just about right on how more splendid your existing home could be

Padma Bank Home Loan is just the solution you are looking for aswe believe in providing a 360- degree approach to help you find, not only your desired financing amount, but also the home itself. Our panel of expert home loan relationship managers hold a vast expertise in connecting you with the market proven real estate companies, if you find it difficult to match with your expectation and affordability.

That is not all! We are ready to give you your required financing facility within shortest possible time.

Features:

• A complete range of Home Loan solution covering urban, sub-urban, industrial and rural areas
• Financing facility in both under-construction or ready property
• Home loan financing facility for the Bangladeshi expatriates working abroad
• Fastest possible time in approving your home loan
• Loan facility up to 25 years
• A wide range of pre-approved projects that helps save your valuable time and effort
• Panel of expert home loan relationship managers
• Opportunity of becoming Padma Priority Client with an array of added benefits based on your financing amount
• Home loan facility across the country
• Competitive interest rate

Target Customers:

Age                                   : 21 years to 65 years or retirement age whichever is earlier.

Job Experience               : 2 to 3 years depending on the profession of the applicant.

Minimum Income           : BDT 25,000 to BDT 50,000 depending on the nature of the profession of applicant (except NRBs)

Terms and Conditions:

Loan Amount:                 Conventional Home Loan- Up to BDT 20 million or 70% of the property 

                                            Home Credit- Up to BDT 20 million or 70% of construction value

                                            NRB Home Loan- Up to BDT 20 million or 75% of property value

                                            Rural Home Loan- Up to BDT 8 million or 70% of construction value

                                            Semi-Pucca Property Financing- Up to BDT 5 million or 50% of land value.

Repayment Term:            Conventional Home Loan & Home Credit- Up to 25 years (except for renovation)

                                            NRB; Rural; Semi-Pucca Home Loan- 2 years to 15 years

 

Conditions applied